With the war of the Russian Federation against Ukraine, the world will increase from 6.1% in 2021 to 3.6% in 2022 and 2023.
The IMF sharply lowered the forecast of light growth in 2022 by Russia’s invasion of Ukraine. Forecast published in the supplementary World Economic Outlook on Tuesday, 19 April.
It is very important that the war in Ukraine leads to a humanitarian crisis, and economic victories in the event of a conflict will have a significant increase in world growth and exacerbate inflation. Prices for fire and food rose rapidly, much to the amazement of the population in low -income lands.
According to the forecast, global growth will increase from 6.1% in 2021 to 3.6% in 2022 and 2023. The price is 0.8 and 0.2 percent lower than predicted before the war.
After 2023, global economic growth will decline to approximately 3.3%.
In addition, due to the recent increase in prices for syrovinnі commodities and increasing price pressure, they brought inflation forecasts for 2022 to 5.7% in countries with developed economies and 8.7% in countries with market evolving. Prices of 1.8 and 2.8 pp higher, lower predicted by Sich.
For Ukraine itself, the IMF predicts a 35% collapse in GDP for this reason.
Source: korrespondent
